ADVERTISEMENT
Commodities
Keyera says $5.15 billion deal to buy Plains’ Canadian business to help energy security
Keyera Corp. has agreed to buy the Canadian natural gas liquids business of U.S. firm Plains for $5.15 billion in cash, a deal to boost resilience.
Rural Oklahoma strives to become American hub for critical minerals processing
Nestled beneath Oklahoma’s Wichita Mountains sits a two-story warehouse containing the only machine in the United States capable of refining nickel.
Teck receives provincial certificate to extend B.C. Interior copper mine
Vancouver-based mining company Teck Resources says it has received an environmental assessment certificate from the B.C. government to extend the life of the Highland Valley Copper Mine.
New technologies can reduce electrical waste as demand surges: energy expert
As Canadian energy suppliers face an unprecedented demand to power artificial intelligence (AI) and data centres, an expert says new technologies can reduce electrical waste.
Solar stocks drop on U.S. Senate proposal to phase out tax credits by 2028
U.S. solar stocks slid in premarket trading on Tuesday after a U.S. Senate panel proposed phasing out solar and wind tax credits by 2028.
Canadian bank fossil fuel funding rose in 2024 despite record heat: report
Canadian banks were once again ranked as among the world’s top fossil fuel financiers in a report that showed overall funding rose in 2024.
Indonesian coal industry risking a tough transition as demand declines, report says
Indonesia’s coal industry is facing mounting pressure and should diversify as China and India cut back on imports of the heavily polluting fossil fuel.
Mali takes control of Canadian-owned Barrick Gold mine over tax dispute
A judge in Mali on Monday ordered Barrick Gold’s Loulo-Gounkoto gold complex to be placed under provisional administration for six months in an ongoing dispute between the Canadian mining company and the West African nation’s military government over unpaid taxes.
‘Maximum economic pain’: Oil prices could skyrocket if Iran-Israel attacks escalates, expert says
As Iran and Israel trade strikes targeting nuclear facilities and energy sites, an oil expert says crude prices could rally by US$5 a barrel and possibly reach $80.
Barrick stripped of gold mine operation for six months by Mali court
A Mali court ruled Monday that western gold mines held by Canadian giant Barrick would be managed for six months by an appointee, effectively stripping operation of one of the world’s largest gold complexes from the firm.
Hudbay Snow Lake mining operations resume after Manitoba wildfire evacuations
Hudbay Minerals says it has restarted its Snow Lake operations in northwestern Manitoba after authorities lifted wildfire evacuation orders for the area.
Oil could reach US$80 if oil infrastructure's attacked: Lipow
Andrew Lipow, President of Lipow Oil Associates, joins BNN Bloomberg to share his outlook on natural gas prices and crude oil amid Iran-Israel conflict.
OPEC expects solid second-half of 2025 for world economy, trims 2026 supply
OPEC said it expected the global economy to remain resilient in the second half of this year and trimmed its forecast for growth in oil supply from the U.S.
MEG Energy’s board urges shareholders to reject Strathcona’s $6 billion offer
Canadian oil producer MEG Energy on Monday urged its shareholders to reject a nearly $6 billion hostile takeover offer from Strathcona Resources.